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Under Delaware regulator definitions, which activity is not “soliciting” by itself?

Correct Answer

A) Taking customer information or referring a customer to a person who performs mortgage loan originating

Delaware carves out mere customer-information intake or referral from the soliciting definition, so that intake/referral activity is the choice that is not soliciting by itself.

Answer Options
A
Taking customer information or referring a customer to a person who performs mortgage loan originating
B
Discussing available mortgage loan products with a potential customer
C
Negotiating terms of a mortgage loan
D
Explaining the terms of a mortgage loan product

Why This Is the Correct Answer

Delaware carves out mere customer-information intake or referral from the soliciting definition, so that intake/referral activity is the choice that is not soliciting by itself.

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